Analysis

USDJPY Forecast Poll 2017: Bullish trend might stop on the second half of the year

USDJPY Forecast Poll Dot Plot Chart

USDJPY Forecast Poll 2017

Analyst 3 Months 6 Months 1 Year
Brad Gilbert 112,00 120,00 125,00
David Cheetham 120,00 121,50 123,00
Elliott Wave Forecast 124,00 129,00 136,00
Growth Aces 116,00 115,00 112,00
Haresh Menghani 121,00 124,25 130,00
James Chen 118,00 120,00 123,00
JFD Brokers 124,00 126,00 120,00
Juan José del Valle 110,00 107,50 100,00
Lukman Otunuga 121,50 125,00 130,00
Mark de la Paz 122,00 126,00 130,00
Markus Gabel 113,00 125,00 115,00
Nenad Kerkez 120,50 _ _
Przemyslaw Kwiecien 119,00 121,00 116,50
Scott Barkley 123,75 128,80 118,50
Thomas Light 120,00 120,00 115,00
Valeria Bednarik 112,00 116,00 123,00
Yohay Elam 121,00 112,00 115,00
Medium Forecast 118,6912 121,0656 120,7500
Median Forecast 120,0000 121,2500 121,5000
Std-Desviation 4,3619 5,8354 8,4871
R-Coefficient 0,0363 0,0481 0,0699
Bullish 11 12 9
Sideways 2 2 5
Bearish 4 2 2
       

Featured Expert

Przemyslaw Kwiecien: "The pair will chase the 10-year spread in the first half of 2017 but the uspide is not unlimited here. TWI valuations are on the opposite extremes so any sentimemnt deterioration may cause a sharp reversal"

USDJPY Bull Lines

David Cheetham: "Modest upside in this pair seen mainly from the USD side however remains susceptible to a sell-off if a prolonged risk-off period manifests itself"

Haresh Menghani: "Dovish BOJ and hawkish Fed, on growing prospects of inflationary pressure in the US, should continue driving the pair higher"

JFD Brokers: "It will potentially continue to rise until the 126.00, as Fed will be raising rates. However, if Fed does not meet the prospect of three rate hikes in 2017, the pair will probably fall back to 120.00 by the end of the year"

Lukman Otunuga: "A resurgent Dollar will be the engine behind the USDJPY's gains this year with the first checkpoint at 120.00. Repeated rate increases by the Federal Reserve should fuel the bullish rally towards 130.00 by year end"

Mark de la Paz: "Divergent monetary policy should see USDJPY favoring continued ascent. Note expectations call for three US rate hikes this year, any indication of more could see an accelerated move higher"

USDJPY Bear Lines

Juan José del Valle: "Reducing US yields in 2017 and BOJ working on curve in order to hold bonds 10y yield near 0%"

 

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